Riot Platforms expands operations with 33,000 new miners
Riot Platforms, a major bitcoin mining company, has invested $162.9 million to acquire 33,280 advanced Bitcoin miners for its Texas data center in anticipation of the 2024 halving event. To prepare for the upcoming halving cycle projected for mid-2024, Riot Platforms has purchased mining rigs from MicroBT. This strategic move will increase Riot’s self-mining capacity by 7.6 exahashes per second (EH/s). Riot Purchases 7.6 EH/s of Next Generation Miners from MicroBT, Manufactured in the United States. Read more in today’s press release: https://t.co/esLToy798H — Riot Platforms, Inc. (@RiotPlatforms) June 26, 2023 CEO Jason Les announced that the new mining machines will be deployed gradually in the first quarter of 2024. Once fully operational, these miners will boost Riot’s self-mining capacity to 20.1 EH/s. Introducing these advanced miners will enhance Riot’s mining capacity by 7.6 EH/s and improve the efficiency of their existing fleet, positioning th...